Sat, Nov 03, 2012 - Page 15 News List

Regulators to fortify bank capital

RISKY BUSINESS:The Financial Stability Board said in a report to G20 ministers that a spate of ‘events and failures’ make a rethink of capital rules a matter of urgency

Reuters, LONDON

Supervisors will need to be on their guard as financial institutions seek new ways to generate earnings, such as expanding further into wealth management and other areas where capital requirements are currently low, the FSB said.

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